JFB Construction (NASDAQ:JFB) Trading Down 5.9% – Here’s Why

JFB Construction Holding (NASDAQ:JFBGet Free Report)’s share price was down 5.9% during mid-day trading on Tuesday . The stock traded as low as $16.07 and last traded at $16.70. Approximately 103,182 shares were traded during trading, an increase of 77% from the average daily volume of 58,397 shares. The stock had previously closed at $17.74.

Analyst Upgrades and Downgrades

Several analysts have commented on JFB shares. Wall Street Zen raised shares of JFB Construction to a “sell” rating in a research report on Saturday, October 11th. Weiss Ratings began coverage on JFB Construction in a report on Saturday, October 11th. They issued a “sell (e+)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Read Our Latest Report on JFB Construction

JFB Construction Trading Down 5.9%

The company has a market cap of $158.65 million and a price-to-earnings ratio of -64.23.

About JFB Construction

(Get Free Report)

JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities.

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